5% October Cash Back Bonus Down the Drain

I really screwed up big last month using my Discover Card. I forgot to sign up for the 5% cash back bonus which is something you need to do every 3 months by either login into the Discover account center or by calling Discover.

The last quarter of the year, the 5% cashback bonus includes purchases at grocery stores, restaurants, movie theaters and movie rentals.

A major portion of our expenses are eating so it's not unusual to spend $1000 on food for the month. With 5% cash back, we would have saved about $50 in October, but since I forgot to sign up the first of October, we only saved $10 under the normal 1%.

The rest of the year we should be able to save more especially when planning meals for Thanksgiving, Christmas and New Years.

If you haven't signed up already, give Discovery a call or apply your savings online in the account center. It's never too late to sign up for the extra cash back -- just make sure that you remind yourself to do it as early as possible in January, April, July and October to take advantage of the savings accumulated over three months.